For saleTownhouse
$179,900
324 Jefferson Ave
Pine River MN 56474
2 beds, 2 baths, 884 sqft
324 Jefferson Ave is a 2 beds, 2 baths, 884 sqft townhouse home for sale at $179,900 in Pine River MN 56474. At 20% down it rents for an estimated $1,125/mo and returns -$327/mo a month at a 4.5% cap rate.
The deal math
Modelled at 20% down on a 30-year loan at current market rates, before management, vacancy and maintenance reserves.
- Estimated rent
- $1,125/mo
- Monthly cash flow
- -$327/mo
- Cap rate
- 4.5%
- Cash-on-cash
- -10.9%
- Max offer
- $109,500
Offer ≤ $109,500 (39% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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